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Cabinet Chief: System Of Special Taxes Remains Despite Future Reductions

Tamás Székely 2015.02.10.

The advertising tax will stay, the most important objective of the government is to maintain the system of special taxes – Minister of the Prime Minister’s Office János Lázár said in an interview given to the public broadcaster Kossuth Rádió.  In accordance with the instructions of the European Commission, the government will consider the rate of the tax, not however the existence of it: “The advertising tax will remain, the question is only how much the companies will have to pay” – the Cabinet chief said.

Lázár also added that it is currently Austria, who has the highest advertising tax of a standard rate of five per-cent. Based on the mandate received from PM Viktor Orbán and ruling Fidesz party, János Lázár’s task is to lead negotiations with those subject to the advertising tax – among others with Bertelsmann Group, the owner of RTL Klub – in order to prevent procedures of foreseeably negative impact considered by the European Commission.

PM Viktor Orbán will hold talks with the Head of the Group on 24 February, until then, the Lázár cannot talk about any concrete facts. According to János Lázár, both the PM’s Office and the Bertelsmann Group have prepared proposals, and the negotiations will soon come to an end. The Cabinet chief also pointed out that the agreement signed with the European Bank for Reconstruction and Development (EBRD) and Erste Bank sets out that the bank tax will remain, its rate, however, will be reduced.

via kormany.hu photo: Zsolt Reviczky – nol.hu